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TransUnion: Q3 Mortgage Balances Up Slightly While Originations Sink

TransUnion: Q3 Mortgage Balances Up Slightly While Originations Sink

by Phil Hall | Nov 9, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total mortgage balances were up 3.2% during the third quarter while total mortgage origination plummeted by 36.5%, according to new data from TransUnion (NYSE: TRU). After recording a slight decline in the second quarter, mortgage balances increased to $11.8 trillion...
Oklahoma County Sheriff’s Office to Hold Online Foreclosure Auction

Oklahoma County Sheriff’s Office to Hold Online Foreclosure Auction

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Sheriff’s Office in Oklahoma County, Oklahoma, is partnering with Bid4Assets, an online marketplace for distressed real estate sales, to conduct their first-ever online sheriff’s sale. Oklahoma County’s is scheduled for November 14. Prospective bidders must...
Infosys and Better Team on Mortgage as a Service Offering

Infosys and Better Team on Mortgage as a Service Offering

by Phil Hall | Nov 9, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Infosys (NYSE: INFY) is collaborating with Better Home & Finance Holding Co. (NASDAQ:BETR, BETRW) to launch Mortgage as a Service (MaaS), an integrated end-to-end digital mortgage white-labelled platform. According to the companies, companies that adopt MaaS “can...
More Than 80% of Metro Markets Saw Q3 Home Price Gains

More Than 80% of Metro Markets Saw Q3 Home Price Gains

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than 80% of the major U.S. metro markets, or 182 out of 221, posted home price gains in the third quarter, according to data from the National Association of Realtors (NAR), which noted that 11% of the tracked metro areas registered double-digit price increases...
NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

NAHB: Dept. of Energy is Making it Harder to Create Affordable Housing

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) has called out the U.S. Department of Energy (DOE) for creating regulations that have negatively impacted efforts to address the production of affordable housing. In testimony delivered today before the U.S. House...
NAR Debuts Flood Disclosure Tracker

NAR Debuts Flood Disclosure Tracker

by Phil Hall | Nov 8, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has launched a state flood disclosure tracker, which the trade group promoted as helping to “educate the public and Congress as it considers the Federal Emergency Management Administration’s (FEMA) legislative proposals to...
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